As his massive compound in Chicago’s northern suburbs collects dust, Michael Jordan is now trying to part with another sprawling mansion. On Monday, His Airness listed a 10,000-square-foot mountain hideaway in the ritzy ski city of…
The cyclical nature of Miami’s condo market has many developers shifting toward rentals – but not Michael Shvo. The New York developer, who is making a big push in Miami Beach, said that as long as…
At 10:26 a.m. on Oct. 9 — nine days after WeWork shelved plans for an IPO — Compass CFO Kristen Ankerbrandt fired off to her staff a set of talking points distancing the brokerage from the…
In the Queens residential market, something’s got to give. Douglas Elliman’s third-quarter sales report found median and average sales prices in the borough reached record highs at $600,000 and $651,216, respectively. The increases came despite the…
In the not too distant future, college athletes playing at top-tier schools may be hitting the open houses as hard as they hit the gym. Earlier this month, the State Legislature unanimously passed a bill —…
East Harlem has lagged behind the development boom that has hit West and Central Harlem, but the Second Avenue Subway could change all that. Although the first phase of the project took nearly 100 years to…
No Adam in We? Can it be? In the past month, the We Company has taken several steps to reduce CEO Adam Neumann’s hold on the firm he founded. It reached an agreement with Neumann to…
Scott Rechler’s RXR Realty is betting big on the shared commercial kitchen model. The developer led a Pasadena-based remote kitchen startup’s $40 million funding round, which recently closed. The company, Kitchen United, plans to use that…
Blackstone dropped at least $129 million on its latest Queens industrial acquisition, property records show. The purchase, spread over 20 parcels near John F. Kennedy Airport, is part of a larger deal with seller TA Realty….
IT IS ALIVE! Maybe! The pied-à-terre tax could be on the state legislature’s agenda next year. Just before the budget passed, an annual levy on properties valued at $5 million or more was scrapped in favor…